Malawi?s northern town of Karonga is sitting on a fortune which is anticipated
to turn the economy of the country around should both government and investors
take it seriously.
The project, lying on the northern part of the Northern Rukuru River basin
within Karroo Sandstones, is also expected to transform the livelihood of
people in Karonga.
The investors, Paladin Resources Limited, a company listed on the Australian
Stock Exchange, is talking big of how the Uranium deposits at Kayelekera,
40 kilometres west of Karonga along the Chitipa road, could make Malawi
swim in money.
Going by the Uranium captains? zeal, one would say town planners? better
act fast before they are overtaken by events in this already growing town.
Currently, Paladin Africa Limited, a company founded by the mother Australian
firm to run the Karonga uranium initiative, has already started erecting
a camp on the mine site. Immediately this camp finishes, maybe in a week
or two, what they call ?bankable feasibility studies? would start.
?We have finished marking the drilling sites and are ready for a process
we term assaying ? which is establishing how much uranium there is down
here.
?This process would involve metallurgy, which is a treatment test ? how
to take the uranium out of the rock ? and this test would be done by independent
experts, Mintek of South Africa, with other samples also sent to Australia
for diverse laboratory tests,? says Paladin Resources? chief geologist,
Ed Becker.
Becker, in the company of Project Geologist, Alexander Kathewera said prospects
of going full throttle mining within a couple of years are high .
?The current process of bankable feasibility studies would be done by independent
consultants, and this would involve drilling a total of 5,500 metres on
different sites within the uranium territory and we have 120 drill holes
earmarked,? he said.
The geologists also said in two months time the mine site would boast of
its own modern weather station used to indicate weather. This, he said,
is a requirement in the uranium mining process.
?Currently we are acquiring the equipment from South Africa,? he said.
Kathewera and Becker also say the ongoing feasibility studies would involve
a thorough environmental impact study ? to be done by an independent company,
just like the other phases of the study.
Focus of the study, says Becker, is detailed verification of the new mining/milling
concepts planned to be adopted in the project and validation or modification,
if required, of all other mine model parameters used in the 1990 feasibility
study.
This new study will be done in two stages and is expected to take 18 months
to complete.
The 1990 feasibility studies were conducted by the Central Electricity Generating
Board in Great Britain (CEGB), a company that initially discovered the high
grade Kayelekera sandstone uranium deposits in early 1980s.
That company carried out extensive work on the project and completed the
feasibility studies in 1991. Their studies indicated that the project was
uneconomic, using the mining model they adopted ? and later, it was abandoned
in 1992, largely due to poor outlook for uranium and the privatisation of
CEGB, pressurising the company to return to its core business.
But one sees the seriousness of the new investors in their mine initiative
when told that the company (Paladin Resources) has injected US$2 million
? whose end results would determine the total capital investment for the
mine.
?However, from our preliminary studies, we estimate the mine would require
about $60 million to fully start operating as a mine,? said Becker.
Once mining starts, it is expected that several other business activities
will crop up in Karonga and Malawi as a whole. For instance, Paradin Resources
top management talks of the requirement to have a daily commercial flight
to and from Karonga, which automatically brings back to life the Karonga
Airport.
It is expected that the bulk of core trained employees of the mine would
net a monthly income of approximately $1,000 ? which would automatically
mean transformation of lives in Karonga, as these people would do most of
their shopping in that town.
The bulk of the employees would be residing at Karonga town and commute
by company bus every day to the mine site at Kayelekera. This translates
into a booming demand of residential houses in the town.
The frequency of officials flying from Australia and other countries where
Paradin Resources has mining investments would also necessitate decent accommodation
and restaurants in the town ? obviously boosting the tourism industry.
Village head Kayelekera beams with pride when he visualises how the mine
would transform lives of people in his area.
?The first thing I think of is that my village would be transformed, all
of a sudden poverty would either completely go, or be alleviated. People
in my village solely depend on subsistence farming, which has not taken
us anywhere. Now they will have a chance to work on the mine,? he says.
It is all clear that once the project becomes operational it will have a
great impact on and make a difference on the people of the town and Malawi
as a whole

Paul DEVER

For sale to the highest bidder.....wonder if more people will be mysteriously air lifted from Malawei again..... ... From: Scott Geibel

Message 2 of 7
, Jun 2, 2005

For sale to the highest bidder.....wonder if more people will be
mysteriously air lifted from Malawei again.....

Interesting article Scott. Do you have any idea how Malawi will ensure that this Australian company doesn t just come in, take the vast majority of the

Message 4 of 7
, Jun 4, 2005

Interesting article Scott. Do you have any idea how
Malawi will ensure that this Australian company doesn't
just come in, take the vast majority of the profits, bring
mostly their own employees, and leave the Malawians to do
the skut work--how do developing countries deal with this?
Will Malawi actually profit, or will the spoils all go
back to Australia?

> This is an interesting development, which I've been
>monitoring for a while.
> The article greatly overexagerates the national-level
>economic impact, but
> the operational facts check out.
>
>
> Uranium mine to transform Karonga
> by Francis Tayanjah-Phiri, 26 May 2005 - 14:01:38
>
> Malawi?s northern town of Karonga is sitting on a
>fortune which is anticipated
> to turn the economy of the country around should both
>government and investors
> take it seriously.
> The project, lying on the northern part of the Northern
>Rukuru River basin
> within Karroo Sandstones, is also expected to transform
>the livelihood of
> people in Karonga.
> The investors, Paladin Resources Limited, a company
>listed on the Australian
> Stock Exchange, is talking big of how the Uranium
>deposits at Kayelekera,
> 40 kilometres west of Karonga along the Chitipa road,
>could make Malawi
> swim in money.
> Going by the Uranium captains? zeal, one would say town
>planners? better
> act fast before they are overtaken by events in this
>already growing town.
> Currently, Paladin Africa Limited, a company founded by
>the mother Australian
> firm to run the Karonga uranium initiative, has already
>started erecting
> a camp on the mine site. Immediately this camp finishes,
>maybe in a week
> or two, what they call ?bankable feasibility studies?
>would start.
> ?We have finished marking the drilling sites and are
>ready for a process
> we term assaying ? which is establishing how much
>uranium there is down
> here.
> ?This process would involve metallurgy, which is a
>treatment test ? how
> to take the uranium out of the rock ? and this test
>would be done by independent
> experts, Mintek of South Africa, with other samples also
>sent to Australia
> for diverse laboratory tests,? says Paladin Resources?
>chief geologist,
> Ed Becker.
> Becker, in the company of Project Geologist, Alexander
>Kathewera said prospects
> of going full throttle mining within a couple of years
>are high .
> ?The current process of bankable feasibility studies
>would be done by independent
> consultants, and this would involve drilling a total of
>5,500 metres on
> different sites within the uranium territory and we have
>120 drill holes
> earmarked,? he said.
> The geologists also said in two months time the mine
>site would boast of
> its own modern weather station used to indicate weather.
>This, he said,
> is a requirement in the uranium mining process.
> ?Currently we are acquiring the equipment from South
>Africa,? he said.
> Kathewera and Becker also say the ongoing feasibility
>studies would involve
> a thorough environmental impact study ? to be done by an
>independent company,
> just like the other phases of the study.
> Focus of the study, says Becker, is detailed
>verification of the new mining/milling
> concepts planned to be adopted in the project and
>validation or modification,
> if required, of all other mine model parameters used in
>the 1990 feasibility
> study.
> This new study will be done in two stages and is
>expected to take 18 months
> to complete.
> The 1990 feasibility studies were conducted by the
>Central Electricity Generating
> Board in Great Britain (CEGB), a company that initially
>discovered the high
> grade Kayelekera sandstone uranium deposits in early
>1980s.
> That company carried out extensive work on the project
>and completed the
> feasibility studies in 1991. Their studies indicated
>that the project was
> uneconomic, using the mining model they adopted ? and
>later, it was abandoned
> in 1992, largely due to poor outlook for uranium and the
>privatisation of
> CEGB, pressurising the company to return to its core
>business.
> But one sees the seriousness of the new investors in
>their mine initiative
> when told that the company (Paladin Resources) has
>injected US$2 million
> ? whose end results would determine the total capital
>investment for the
> mine.
> ?However, from our preliminary studies, we estimate the
>mine would require
> about $60 million to fully start operating as a mine,?
>said Becker.
> Once mining starts, it is expected that several other
>business activities
> will crop up in Karonga and Malawi as a whole. For
>instance, Paradin Resources
> top management talks of the requirement to have a daily
>commercial flight
> to and from Karonga, which automatically brings back to
>life the Karonga
> Airport.
> It is expected that the bulk of core trained employees
>of the mine would
> net a monthly income of approximately $1,000 ? which
>would automatically
> mean transformation of lives in Karonga, as these people
>would do most of
> their shopping in that town.
> The bulk of the employees would be residing at Karonga
>town and commute
> by company bus every day to the mine site at Kayelekera.
>This translates
> into a booming demand of residential houses in the town.
> The frequency of officials flying from Australia and
>other countries where
> Paradin Resources has mining investments would also
>necessitate decent accommodation
> and restaurants in the town ? obviously boosting the
>tourism industry.
> Village head Kayelekera beams with pride when he
>visualises how the mine
> would transform lives of people in his area.
> ?The first thing I think of is that my village would be
>transformed, all
> of a sudden poverty would either completely go, or be
>alleviated. People
> in my village solely depend on subsistence farming,
>which has not taken
> us anywhere. Now they will have a chance to work on the
>mine,? he says.
> It is all clear that once the project becomes
>operational it will have a
> great impact on and make a difference on the people of
>the town and Malawi
> as a whole
>
>
>
> Yahoo! Groups Links
> To visit your group on the web, go to:
> http://groups.yahoo.com/group/ujeni/
> To unsubscribe from this group, send an email to:
> ujeni-unsubscribe@yahoogroups.com
> Your use of Yahoo! Groups is subject to the Yahoo!
>Terms of Service.

Paul DEVER

If history serves, then the higher-up employees will be Australian, the worker bees will be Filipino, and the janitors and drivers and such will be local, with

Message 5 of 7
, Jun 4, 2005

If history serves, then the higher-up employees will be Australian, the
worker bees will be Filipino, and the janitors and drivers and such will be
local, with the relative pay scales.

Of course, some Malawins will benefit, but their license plate numbers are
quite low.....

But that is just cynical me.....

Scott Geibel

I have very mixed feelings about this. I just don t know. And this doesn t even touch on my concerns about nuclear power. From what I can tell, if the Uranium

Message 6 of 7
, Jun 6, 2005

I have very mixed feelings about this. I just don't know. And this doesn't
even touch on my concerns about nuclear power. From what I can tell, if
the Uranium price stays stable and continue to rise, then this mine is highly
likely to move forward if the Malawians cooperate.

Since this mine is fairly close to my PC site, I would like to see the company
be as socially responsible as possible. So how to do this? So I need advice:
(a) form an advocacy group, (b) form a Malawian Monkey Wrench Gang, or (c)
become a shareholder of the company and try to influence management at the
AGM, use stock dividends to pay school fees for nearby villages?

>-- Original Message --
>To: ujeni@yahoogroups.com
>From: "Joanna Jane Hooper" <johooper@...>
>Date: Sat, 04 Jun 2005 09:39:43 -0600
>Subject: Re: [ujeni] news: Uranium mine to transform Karonga
>Reply-To: ujeni@yahoogroups.com
>
>
>Interesting article Scott. Do you have any idea how
>Malawi will ensure that this Australian company doesn't
>just come in, take the vast majority of the profits, bring
>mostly their own employees, and leave the Malawians to do
>the skut work--how do developing countries deal with this?
> Will Malawi actually profit, or will the spoils all go
>back to Australia?
>
>Joanna
>
>
>On Thu, 2 Jun 2005 18:04:35 +0300
> "Scott Geibel" <scott@...> wrote:
>> This is an interesting development, which I've been
>>monitoring for a while.
>> The article greatly overexagerates the national-level
>>economic impact, but
>> the operational facts check out.
>>
>>
>> Uranium mine to transform Karonga
>> by Francis Tayanjah-Phiri, 26 May 2005 - 14:01:38
>>
>> Malawi?s northern town of Karonga is sitting on a
>>fortune which is anticipated
>> to turn the economy of the country around should both
>>government and investors
>> take it seriously.
>> The project, lying on the northern part of the Northern
>>Rukuru River basin
>> within Karroo Sandstones, is also expected to transform
>>the livelihood of
>> people in Karonga.
>> The investors, Paladin Resources Limited, a company
>>listed on the Australian
>> Stock Exchange, is talking big of how the Uranium
>>deposits at Kayelekera,
>> 40 kilometres west of Karonga along the Chitipa road,
>>could make Malawi
>> swim in money.
>> Going by the Uranium captains? zeal, one would say town
>>planners? better
>> act fast before they are overtaken by events in this
>>already growing town.
>> Currently, Paladin Africa Limited, a company founded by
>>the mother Australian
>> firm to run the Karonga uranium initiative, has already
>>started erecting
>> a camp on the mine site. Immediately this camp finishes,
>>maybe in a week
>> or two, what they call ?bankable feasibility studies?
>>would start.
>> ?We have finished marking the drilling sites and are
>>ready for a process
>> we term assaying ? which is establishing how much
>>uranium there is down
>> here.
>> ?This process would involve metallurgy, which is a
>>treatment test ? how
>> to take the uranium out of the rock ? and this test
>>would be done by independent
>> experts, Mintek of South Africa, with other samples also
>>sent to Australia
>> for diverse laboratory tests,? says Paladin Resources?
>>chief geologist,
>> Ed Becker.
>> Becker, in the company of Project Geologist, Alexander
>>Kathewera said prospects
>> of going full throttle mining within a couple of years
>>are high .
>> ?The current process of bankable feasibility studies
>>would be done by independent
>> consultants, and this would involve drilling a total of
>>5,500 metres on
>> different sites within the uranium territory and we have
>>120 drill holes
>> earmarked,? he said.
>> The geologists also said in two months time the mine
>>site would boast of
>> its own modern weather station used to indicate weather.
>>This, he said,
>> is a requirement in the uranium mining process.
>> ?Currently we are acquiring the equipment from South
>>Africa,? he said.
>> Kathewera and Becker also say the ongoing feasibility
>>studies would involve
>> a thorough environmental impact study ? to be done by an
>>independent company,
>> just like the other phases of the study.
>> Focus of the study, says Becker, is detailed
>>verification of the new mining/milling
>> concepts planned to be adopted in the project and
>>validation or modification,
>> if required, of all other mine model parameters used in
>>the 1990 feasibility
>> study.
>> This new study will be done in two stages and is
>>expected to take 18 months
>> to complete.
>> The 1990 feasibility studies were conducted by the
>>Central Electricity Generating
>> Board in Great Britain (CEGB), a company that initially
>>discovered the high
>> grade Kayelekera sandstone uranium deposits in early
>>1980s.
>> That company carried out extensive work on the project
>>and completed the
>> feasibility studies in 1991. Their studies indicated
>>that the project was
>> uneconomic, using the mining model they adopted ? and
>>later, it was abandoned
>> in 1992, largely due to poor outlook for uranium and the
>>privatisation of
>> CEGB, pressurising the company to return to its core
>>business.
>> But one sees the seriousness of the new investors in
>>their mine initiative
>> when told that the company (Paladin Resources) has
>>injected US$2 million
>> ? whose end results would determine the total capital
>>investment for the
>> mine.
>> ?However, from our preliminary studies, we estimate the
>>mine would require
>> about $60 million to fully start operating as a mine,?
>>said Becker.
>> Once mining starts, it is expected that several other
>>business activities
>> will crop up in Karonga and Malawi as a whole. For
>>instance, Paradin Resources
>> top management talks of the requirement to have a daily
>>commercial flight
>> to and from Karonga, which automatically brings back to
>>life the Karonga
>> Airport.
>> It is expected that the bulk of core trained employees
>>of the mine would
>> net a monthly income of approximately $1,000 ? which
>>would automatically
>> mean transformation of lives in Karonga, as these people
>>would do most of
>> their shopping in that town.
>> The bulk of the employees would be residing at Karonga
>>town and commute
>> by company bus every day to the mine site at Kayelekera.
>>This translates
>> into a booming demand of residential houses in the town.
>> The frequency of officials flying from Australia and
>>other countries where
>> Paradin Resources has mining investments would also
>>necessitate decent accommodation
>> and restaurants in the town ? obviously boosting the
>>tourism industry.
>> Village head Kayelekera beams with pride when he
>>visualises how the mine
>> would transform lives of people in his area.
>> ?The first thing I think of is that my village would be
>>transformed, all
>> of a sudden poverty would either completely go, or be
>>alleviated. People
>> in my village solely depend on subsistence farming,
>>which has not taken
>> us anywhere. Now they will have a chance to work on the
>>mine,? he says.
>> It is all clear that once the project becomes
>>operational it will have a
>> great impact on and make a difference on the people of
>>the town and Malawi
>> as a whole
>>
>>
>>
>> Yahoo! Groups Links
>> To visit your group on the web, go to:
>> http://groups.yahoo.com/group/ujeni/
>> To unsubscribe from this group, send an email to:
>> ujeni-unsubscribe@yahoogroups.com
>> Your use of Yahoo! Groups is subject to the Yahoo!
>>Terms of Service.
>
>
>

>
>
>Yahoo! Groups Links
>
>
>
>
>
>

Paul DEVER

(a) form an advocacy group: Quite effective in some places, but I fear the dollar bills dancing in their heads would outweigh any social conscience. Call me a

Message 7 of 7
, Jun 6, 2005

(a) form an advocacy group: Quite effective in some places, but I fear the
dollar bills dancing in their heads would outweigh any social conscience.
Call me a cynic
(b) form a Malawian Monkey Wrench Gang. Not a bad idea...Who would be
Geroge Hayerduke
(c)become a shareholder of the company and try to influence management at
the
AGM, use stock dividends to pay school fees for nearby villages: Not likely,
but then again, this is cynical me, basing my responses on years of
experience dealing with this....

Solve the self/tribal/ethinic/lingual/religious self-interest and you
won!!!!!!!!!!!!!!!!!!!!!!!!

>-- Original Message --
>To: ujeni@yahoogroups.com
>From: "Joanna Jane Hooper" <johooper@...>
>Date: Sat, 04 Jun 2005 09:39:43 -0600
>Subject: Re: [ujeni] news: Uranium mine to transform Karonga
>Reply-To: ujeni@yahoogroups.com
>
>
>Interesting article Scott. Do you have any idea how
>Malawi will ensure that this Australian company doesn't
>just come in, take the vast majority of the profits, bring
>mostly their own employees, and leave the Malawians to do
>the skut work--how do developing countries deal with this?
> Will Malawi actually profit, or will the spoils all go
>back to Australia?
>
>Joanna
>
>
>On Thu, 2 Jun 2005 18:04:35 +0300
> "Scott Geibel" <scott@...> wrote:
>> This is an interesting development, which I've been
>>monitoring for a while.
>> The article greatly overexagerates the national-level
>>economic impact, but
>> the operational facts check out.
>>
>>
>> Uranium mine to transform Karonga
>> by Francis Tayanjah-Phiri, 26 May 2005 - 14:01:38
>>
>> Malawi?s northern town of Karonga is sitting on a
>>fortune which is anticipated
>> to turn the economy of the country around should both
>>government and investors
>> take it seriously.
>> The project, lying on the northern part of the Northern
>>Rukuru River basin
>> within Karroo Sandstones, is also expected to transform
>>the livelihood of
>> people in Karonga.
>> The investors, Paladin Resources Limited, a company
>>listed on the Australian
>> Stock Exchange, is talking big of how the Uranium
>>deposits at Kayelekera,
>> 40 kilometres west of Karonga along the Chitipa road,
>>could make Malawi
>> swim in money.
>> Going by the Uranium captains? zeal, one would say town
>>planners? better
>> act fast before they are overtaken by events in this
>>already growing town.
>> Currently, Paladin Africa Limited, a company founded by
>>the mother Australian
>> firm to run the Karonga uranium initiative, has already
>>started erecting
>> a camp on the mine site. Immediately this camp finishes,
>>maybe in a week
>> or two, what they call ?bankable feasibility studies?
>>would start.
>> ?We have finished marking the drilling sites and are
>>ready for a process
>> we term assaying ? which is establishing how much
>>uranium there is down
>> here.
>> ?This process would involve metallurgy, which is a
>>treatment test ? how
>> to take the uranium out of the rock ? and this test
>>would be done by independent
>> experts, Mintek of South Africa, with other samples also
>>sent to Australia
>> for diverse laboratory tests,? says Paladin Resources?
>>chief geologist,
>> Ed Becker.
>> Becker, in the company of Project Geologist, Alexander
>>Kathewera said prospects
>> of going full throttle mining within a couple of years
>>are high .
>> ?The current process of bankable feasibility studies
>>would be done by independent
>> consultants, and this would involve drilling a total of
>>5,500 metres on
>> different sites within the uranium territory and we have
>>120 drill holes
>> earmarked,? he said.
>> The geologists also said in two months time the mine
>>site would boast of
>> its own modern weather station used to indicate weather.
>>This, he said,
>> is a requirement in the uranium mining process.
>> ?Currently we are acquiring the equipment from South
>>Africa,? he said.
>> Kathewera and Becker also say the ongoing feasibility
>>studies would involve
>> a thorough environmental impact study ? to be done by an
>>independent company,
>> just like the other phases of the study.
>> Focus of the study, says Becker, is detailed
>>verification of the new mining/milling
>> concepts planned to be adopted in the project and
>>validation or modification,
>> if required, of all other mine model parameters used in
>>the 1990 feasibility
>> study.
>> This new study will be done in two stages and is
>>expected to take 18 months
>> to complete.
>> The 1990 feasibility studies were conducted by the
>>Central Electricity Generating
>> Board in Great Britain (CEGB), a company that initially
>>discovered the high
>> grade Kayelekera sandstone uranium deposits in early
>>1980s.
>> That company carried out extensive work on the project
>>and completed the
>> feasibility studies in 1991. Their studies indicated
>>that the project was
>> uneconomic, using the mining model they adopted ? and
>>later, it was abandoned
>> in 1992, largely due to poor outlook for uranium and the
>>privatisation of
>> CEGB, pressurising the company to return to its core
>>business.
>> But one sees the seriousness of the new investors in
>>their mine initiative
>> when told that the company (Paladin Resources) has
>>injected US$2 million
>> ? whose end results would determine the total capital
>>investment for the
>> mine.
>> ?However, from our preliminary studies, we estimate the
>>mine would require
>> about $60 million to fully start operating as a mine,?
>>said Becker.
>> Once mining starts, it is expected that several other
>>business activities
>> will crop up in Karonga and Malawi as a whole. For
>>instance, Paradin Resources
>> top management talks of the requirement to have a daily
>>commercial flight
>> to and from Karonga, which automatically brings back to
>>life the Karonga
>> Airport.
>> It is expected that the bulk of core trained employees
>>of the mine would
>> net a monthly income of approximately $1,000 ? which
>>would automatically
>> mean transformation of lives in Karonga, as these people
>>would do most of
>> their shopping in that town.
>> The bulk of the employees would be residing at Karonga
>>town and commute
>> by company bus every day to the mine site at Kayelekera.
>>This translates
>> into a booming demand of residential houses in the town.
>> The frequency of officials flying from Australia and
>>other countries where
>> Paradin Resources has mining investments would also
>>necessitate decent accommodation
>> and restaurants in the town ? obviously boosting the
>>tourism industry.
>> Village head Kayelekera beams with pride when he
>>visualises how the mine
>> would transform lives of people in his area.
>> ?The first thing I think of is that my village would be
>>transformed, all
>> of a sudden poverty would either completely go, or be
>>alleviated. People
>> in my village solely depend on subsistence farming,
>>which has not taken
>> us anywhere. Now they will have a chance to work on the
>>mine,? he says.
>> It is all clear that once the project becomes
>>operational it will have a
>> great impact on and make a difference on the people of
>>the town and Malawi
>> as a whole
>>
>>
>>
>> Yahoo! Groups Links
>> To visit your group on the web, go to:
>> http://groups.yahoo.com/group/ujeni/
>> To unsubscribe from this group, send an email to:
>> ujeni-unsubscribe@yahoogroups.com
>> Your use of Yahoo! Groups is subject to the Yahoo!
>>Terms of Service.
>
>
>

>
>
>Yahoo! Groups Links
>
>
>
>
>
>

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